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1 Ferndale Cottages, Bings Heath, Astley, Shrewsbury - Image 1
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1 Ferndale Cottages, Bings Heath, Astley, Shrewsbury

West Midlands

£350,000
Listed on 15/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1137 sqft

Description

A distinctive opportunity awaits in the tranquil hamlet of Bings Heath with this charming 3-bedroom semi-detached cottage, 1 Ferndale Cottages. This property is primed for modernization and serves as an ideal blank canvas for those aiming to craft their dream country residence. The inclusion of an unconverted chapel on the grounds adds significant investment potential, complete with a new roof, making it an appealing project for various uses upon obtaining planning consent. Located just 5 miles from the historic town center of Shrewsbury, the cottage combines rural tranquility with convenient access to boutique shopping and excellent schools, alongside easy commuting via the A49. The semi-detached layout features two spacious reception rooms and a generous kitchen/breakfast area that presents ample opportunities for contemporary expansion at the rear. Upstairs, three well-sized bedrooms and a family bathroom provide flexible accommodation. The property's expansive wrap-around gardens not only enhance its rural charm but offer further scope for landscaping or even a kitchen garden. The detached chapel stands out as an exceptional feature, ripe for conversion into secondary living space—ideal for multi-generational families, short-term rental income possibilities, or a creative workspace. With mains water, electricity, oil-fired central heating, and open fire already in place, the infrastructure supports various renovation directions. Overall, this property represents a remarkable opportunity for visionaries looking to restore and reimagine a classic Shropshire home while capitalizing on its versatile outdoor space and unique chapel.

Investment Analysis

(SY4 area)

Above Market Value

This property is priced +8.2% above area average per sq ft

+8.2%
This Property
£308/sq ft
Area Average
£285/sq ft
Avg Rent (weekly)
£251
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£355,887
10% above area average per sq ft
Potential ROI
-20.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SY4)

Area prices are stable by -1.1% over the last 12 months
3 year growth: -0.4%
5 year growth: +14.8%
Investment Disclaimer: Analysis based on SY4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

1 Ferndale Cottages, Bings Heath, Astley, Shrewsbury
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,240
Based on a loan of £262,500 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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